A Quote by Joe Biden

Politics is a damn expensive business. I had one hell of a time trying to raise money as a candidate. I had to put a second mortgage on our house to get that campaign started, and I ended up spending over $300,000 to get elected. I believe that public financing of federal election campaigns is the only thing that will insure good candidates and save the two-party system. It is the most degrading thing in the world to go out with your hat in your hand and beg for money, but that's what you have to do if you haven't got your own resources.
Our [Republicans'] object is to avoid having stupid candidates who can't win general elections, who are undisciplined, can't raise money, aren't putting together the support necessary to win a general election campaign, because this money is too difficult to raise to be spending it on behalf of candidates who have little chance of winning in a general election.
What happens traditionally in a campaign is they will go out to their list once or twice a week to raise money from their fund-raisers, but when a candidate gets to a general election, you get some donor fatigue because they've already maxed out their campaign to give.
It might sound crazy but you put your money up and take out a little every week. You put yourself on a salary instead of getting $7,000 this week, $20,000 next week and $5,000 the week after that. Take a $1,000. You got your toys, you got everything and your money under your mattress. Break it down and have a salary to take care of you and your family and stretch that money.
To get that word, male, out of the Constitution, cost the women of this country fifty-two years of pauseless campaign; 56 state referendum campaigns; 480 legislative campaigns to get state suffrage amendments submitted; 47 state constitutional convention campaigns; 277 state party convention campaigns; 30 national party convention campaigns to get suffrage planks in the party platforms; 19 campaigns with 19 successive Congresses to get the federal amendment submitted, and the final ratification campaign.
You can go raise the money outside of the industry, and then what you're doing is fighting with your money to get back into the industry, or for them to use your money instead of their own. So, you got to figure out how to do it within the flow of the industry.
Once, a friend’s mom said to me when I was very young 'You can't really invest in your looks as the only thing because it's a depreciating asset. I think this is trueit’s like putting money into a stock that’s going down. Put your money, put your effort, invest in your brain and talent which will appreciate and get better as you get older.
Every district is going to be different, but if you wanted me to give advice to those candidates: Run your own campaign, the DCCC does not run your campaign. Figure out ways to raise money from small-dollar donors, and put some real energy into that because that will give you freedom to say no to big donors.
I started out from a pretty modest background, so I always had a pretty good sense of money. I always had to work for my money, save my own money, I always bought my own stuff with my money... trying not to waste money unnecessarily.
It would be great if we had our own personal force fields. Just imagine creating your own architecture in your room. Buildings. You wouldn't have to spend all that time saving your money for that second house. You'd simply push a button and have as many houses as you want.
There's no such thing as a good time. I started an apparel-manufacturing business in the tech-boom years. I mean, come on. Get out of your garage and go take a chance and start your business.
I had no clue about taxes at all. I didn't know they hit your paycheck. There's something that you've always got to put money away for. I didn't know you've got to put money away for it, even though it's coming out your own money. It's like, 'What the heck?'
I put my own money up when I have a vision and believe in something. If you want a company to put money into something, then most of the time, they want to water your project down. When it's your money, it's your vision from the beginning to the end result.
I also made two very important discoveries as time went on. In the first place, I discovered that making money was easy. I had been led to believe that money and possessions would insure me a life of happiness and peace of mind. So that was the path I pursued. In the second place, I discovered that making money and spending it foolishly was completely meaningless. I knew that this was not what I was here for, but at that time I didn't know exactly what I was here for.
Unfortunately, money in politics is an insidious thing - and a loophole in our campaign finance system was taken advantage of with money going to existing or new 527 groups with the sole purpose of influencing the election.
There's no one silver bullet, but money really is the root of all evil. The single biggest problem is how much more money is flooding into politics these days. It not only tends to enable a more extreme candidate to get elected, but because so much money is required to bankroll a campaign, everyone spends all their free time fundraising instead of reaching across the aisle.
Today the patent office is obsolete. You just take whatever you do, tool up, and start production for six months. At the end of the six months you put the data on all the computer inputs all over the world and you got your business. You can make all your money, and then people can steal it, but by then it doesn't matter because you've made the money up front and you avoid wasting money in lawsuits. [My father] had all these kinds of ideas years ahead of others.
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